Tag Archives: Mobile Money
The impact of Blockchain, Open Banking, Mobile Money and Payments innovation are radically transforming the financial services landscape as FinTech disruptors intensify the challenge to Incumbent Banks in Africa and kickstart new opportunities
CashlessAfrica Champion Awards 2017 to Reward Innovation in the Digital Financial Services Ecosystem in Africa.
The CashlessAfrica 2017 (www.CashlessAfrica.com) awards are dedicated to acknowledging creativity, commitment and excellence in the digital financial services industry across Africa. The awards honor the best of the breed across all sectors and segments covering financial technology providers, mobile network operators, financial institutions, mobile money providers, card services, financial institutions, application providers, regulators, microfinance organizations and individuals in the ecosystem in Africa and beyond.
A pan-African partnership covering nine countries (Botswana, Burkina Faso, Côte d’Ivoire, Guinea, Madagascar, Mali, Mauritius, Senegal and Tunisia) where Vivo Energy and Orange Money is available, has been signed allowing Orange Money customers to cash in and cash out money from their Orange Money account and pay in any Shell service station operated by Vivo Energy (www.VivoEnergy.com). This offers Orange Money customers an access to a network of over 1,000 Shell service stations to transact from, while Shell customers will be able to pay for their fuel using Orange Money. The agreement further provides the customers of both companies a convenience and secured mode of payment which will also save time and money on their payment transactions.
Mobile Connections in Sub-Saharan Africa Increase 20 Per Cent to 500 Million in 2013 and Are Expected to Increase by an Additional 50 Per Cent by 2018